cameroon gce A level 2021 cost and management accounting 2

cameroon gce A level 2021 cost and management accounting 2

cameroon gce A level 2021 cost and management accounting 2

1. A company has presented the following details, asking for your help in preparing their budget for the year, starting 1st January, 2019:
Sales:
The company’s sales is projected at 15,000 units for the budget period
Materials used;
• Material A is 3 kg at 500 CFAF each
• Material B is 2 kg at 800 CFAF each
Labour used;
• Skilled labour is 3,000 CFAF per hour and 2 hours per unit.
• Unskilled labour is 1,500 CFAF per hour and 3 hours per unit.
Overhead; Charged at 500 CFAF per labour hour.
Other Information:
• Raw material A has opening stock of 5000 kg and closing stock of 7,000 kg.
• Raw material B has opening stock of 6000 kg and closing stock of 5,000 kg.
Closing stock of produced units should be 5,000 units given that the company sells at 35% margin;
Work Required:
i. What Is the Production Budget? (4 marks)
ii. What Is Raw Material Budget? (4 marks)
iii. What Is the Labour Cost Budget? (4 marks)
iv. What Is the Overhead Budget? (4 marks)
v. What Is the Sale Budget? (4 marks)
(Total 20 marks)

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One comment on “cameroon gce A level 2021 cost and management accounting 2

  • Free resources like solutions to questions for less privileged cameroonians will go a long way


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